(a) the extent to which the interests of the policyholders and others who have a claim on the licensee would be best served by the administration of the license, for instance because of the potential impact on the reputation of the licensee arising from an administration;

(b) the extent to which other supervisory actions could reasonably be expected to achieve the BMA's desired supervisory objectives (such as restrictions on the licensee's operations, including limitations on writing new business and asset disposals);

(c) the extent to which the liquidity or solvency of the licensee is in jeopardy; and

(d) the extent to which the licensee has contravened the conditions of the Insurance Legislation, including the extent to which the contraventions reflect more widespread or systemic weaknesses in controls and/or management.